Board of Estimate & Contract:
RESOLVED, that a resolution adopted by the City Council on October 8, 2025, and signed by the Mayor on October 9, 2025, authorizing the Sale of City-Owned Property Located at 234 East 5th Street, Mount Vernon, New York (Parcel ID: 169.32.4064.001)) - (to Sheldon Sharpe of Sharpe Home Design LLC for the total purchase price of Four Hundred Thirty-Five Thousand Dollars ($435,000), all proceeds from the sale of said property shall be deposited into the appropriate City account as determined by the Comptroller and used in accordance with applicable fiscal policies and procedures); be, and the same is hereby approved.
City Council:
AN ORDINANCE AUTHORIZING THE SALE
OF CITY-OWNED PROPERTY LOCATED AT
234 EAST 5TH STREET, MOUNT VERNON,
NEW YORK (PARCEL ID: 169.32.4064.001)
Whereas, in correspondence dated October 1, 2025, the Real Estate Committee - 2025 formally requested authorization for the Mayor of the City of Mount to execute and deliver any and all documents necessary to convey title of the City-owned property located at 234 East 5th Street, Mount Vernon, New York (Parcel ID: 169.32.4064.001) to Sheldon Sharpe of Sharpe Home Design LLC for the total purchase price of Four Hundred Thirty-Five Thousand Dollars ($435,000); and
Whereas, the City of Mount Vernon is the lawful owner of real property located at 234 East 5th Street, Mount Vernon, New York, designated on the City Tax Map as Parcel ID: 169.32.4064.001 (hereinafter “the Property”); and
Whereas, the Property was acquired by the City of Mount Vernon through foreclosure proceedings resulting from non-payment of property taxes; and
Whereas, in accordance with established municipal procedures, the Property was made available for sale, and the Real Estate Committee reviewed all bids and offers on September 26, 2025; and
Whereas, after review and deliberation, the Real Estate Committee determined that the offer submitted by Mr. Sheldon Sharpe of Sharpe Home Design LLC, in the amount of Four Hundred Thirty-Five Thousand Dollars ($435,000), represented the highest and most responsible bid, fully compliant with the bidding process; and
Whereas, the City Council of the City of Mount Vernon recognizes that the sale of said Property will return the parcel to productive use, enhance neighborhood development, and generate revenue for the City;
NOW, THEREFORE, BE IT ORDAINED by the City Council of the City of Mount Vernon, in the State of New York, as follows:
Section 1. Authorization to Convey Property. The Mayor of the City of Mount Vernon is hereby authorized to execute and deliver any and all documents necessary to convey title of the City-owned property located at 234 East 5th Street, Mount Vernon, New York (Parcel ID: 169.32.4064.001) to Sheldon Sharpe of Sharpe Home Design LLC for the total purchase price of Four Hundred Thirty-Five Thousand Dollars ($435,000).
Section 2. Form of Deed and Approval. The form of the deed and any related conveyance documents shall be subject to the approval of the Corporation Counsel as to form, content, and legality prior to execution.
Section 3. Deposit and Use of Proceeds. The proceeds from the sale of the Property shall be deposited into the appropriate City of Mount Vernon account as designated by the Comptroller and shall be used in accordance with applicable fiscal and legal requirements.
Section 4. Execution of Documents. The Mayor, Corporation Counsel, and City Clerk are hereby authorized and directed to take all necessary actions and execute all required documents to effectuate the intent of this Ordinance and complete the sale of the property as authorized herein.
Section 5. Effective Date. This Ordinance shall take effect immediately upon its passage, approval by the City Council, and subsequent approval by the Board of Estimate & Contract in accordance with the laws of the City of Mount Vernon and the State of New York.